Suburb Profile Report for Alkimos WA (6038)

Alkimos House: Median price $413,000, Annual capital growth 10.30%, Number of sales 107, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Alkimos has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.23%

Alkimos,6038 was ranked 1281 in Australia by increase in median property value over the quarter.

Alkimos6038 is located in WA which offers an average discount of -8.17% to property investors. Alkimos itself is showing figures that indicate -6.87% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

YIP MAG Information supplied by:

YIP MAG
June 2016

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While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.Full summary While recent times have been tough for large parts of the Perth market and WA in general, a beachside suburb around 40km north of the Perth CBD has seen no such troubles.

The median house price in Alkimos, a suburb named after a Greek freighter shipwrecked off its coast in the 1960s, sits at a respectable $488,500.

Even more respectable is the recent capital growth seen in the area: the median house price has surged by a remarkable 109% in the past five years.

That impressive run may have come to an end though, with only 2% growth recorded in the past year and houses spending close to 100 days on the market.

The strong growth seen in Alkimos has pulled back the suburb’s rental returns, with yields currently sitting at 4%.Close
Metrics i HOUSE UNIT
$413,000 N/A
3.25% N/A
-9.23% N/A
10.30% N/A
$350 N/A
107 N/A
4.41% N/A
134.94 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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